News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Lyft Raises $1B Led By Google
Lyft Raises $1B Led By Google
October 20, 2017  |  Ridesharing

Ride-hailing platform Lyft, a competitor to Uber, announced Thursday (Oct. 19) that CapitalG, Alphabet’s growth investment fund, was the lead investor in a $1 billion round of...

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Hiya Grabs $18M To Make Caller ID Technology Smarter
Hiya Grabs $18M To Make Caller ID Technology Smarter
October 20, 2017  |  Investments

Hiya, which was spun out by Whitepages a year ago, announced its first outside funding: a Series A of $18 million led by Balderton Capital,...

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Transaction Monitoring: Bracing For The Aftermath Of The Equifax Breach
Transaction Monitoring: Bracing For The Aftermath Of The Equifax Breach
October 20, 2017  |  Security & Fraud

Fraudsters’ methods are always changing. That means, try as they might, banks and financial institutions will never be able to keep all of them at...

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Tony Fadell Launches Firm To Invest In Future Device Tech
Tony Fadell Launches Firm To Invest In Future Device Tech
October 20, 2017  |  Investments

Investor, entrepreneur and former Apple exec Tony Fadell has unveiled his latest investment: a new investment and advisory firm called Future Shape that’s working with...

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Flywire Adds Trustly As Preferred Payment Option
Flywire Adds Trustly As Preferred Payment Option
October 20, 2017  |  Partnerships / Acquisitions

Flywire, a provider of international payment and receivables services, and Trustly, a European payments company, announced news on Thursday (Oct. 19) of a new partnership...

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iPhone Delays Raise Red Flags On Wall Street
iPhone Delays Raise Red Flags On Wall Street
October 20, 2017  |  Apple

Rogers Communications Chief Executive Joe Natale said Thursday (Oct. 19) that demand for the iPhone 8 has been “anemic,” piling on to reports that Apple...

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Alipay Expands POS Presence With Poynt
Alipay Expands POS Presence With Poynt
October 20, 2017  |  POS Innovation

Alipay, the digital payment company owned by Alibaba, China’s largest eCommerce company, has inked a partnership with Poynt, the maker of smart terminals. Get the...

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With 218M Active Users And 17M Merchants, PayPal Predicts A Strong Finish For 2017
With 218M Active Users And 17M Merchants, PayPal Predicts A Strong Finish For 2017
October 20, 2017  |  Earnings

“PayPal delivered one of its strongest quarters since becoming an independent company,” said Dan Schulman, CEO of PayPal, in a statement. “Putting our customers first...

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Mastercard Certifies TCH As Token Services Provider
Mastercard Certifies TCH As Token Services Provider
October 20, 2017  |  Partnerships / Acquisitions

The Clearing House and Mastercard announced news on Thursday (Oct. 19) that they are partnering to enable The Clearing House (TCH) to provision and manage...

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